so, we have one of the real estate agents we had interviewed coming over tonight so we can sign papers to go with her. the market here in Salt Lake is insane. it goes up about five grand a month. we're getting in at the right time. we're going to list the house on the high end of the estimates and see what happens.
we're listing this Monday. that means this weekend we have to repaint the house and garage (exterior) and fix some sagging gutters. next weekend we need to replaster a small portion of the bathroom and repaint it. then, continue to box up our shit and store it in the basement or garage. we're hoping to make enough money off of the sale of this thing to pay off our student loans (we're still paying those fuckers off after 10 years) and still have a substantial amount left over to pay our closing costs for the new place and to put some in the bank for a rainy day.
i'll post as things progress. some of the stories we've heard (of houses selling for 110% of list price and buyers paying sellers' closing costs, etc.) are just crazy. the market here is California-wild. and that's good for us.
4 comments:
We sold our AZ house in 11 days...for exactly what we asked for...not bargaining at all. That was in 1999. We sold our house in PA for just a few thousand dollars less than we were asking.
We bought our house here in Florida for about 199....Now, we could sell it for about 350! Isn't that nuts? We've only lived here since March of 2003.
I hope you guys get what you're asking. And sometimes, there are these bidding wars, or so I am told where you could actually get more than you asked! I'll send good vibes!
Should have said...no bargaining...typing too fast. :)
Yes j, those pesky student loans. My wife built up a few of those, not cause she needed to pay course fees mind you,
(the student grant was still available here then – basically free university education for all, no course fees, done away with now)
it was more for drinking money, thankfully all the students drank in the bar I worked in and that is how we rekindled our childhood love, sweat story really.
Anyway, the way to beat them here is to have an annual income under £15,000.00 a year so you don't make repayments – any loop holes in the oppressive capitalist society in which you are forced to live comrade?
Kat:
i'm about to post what happened today (first full day on the market). it's nuts. that's crazy what's happening in FL. my mother says her house, too (or is that two?) has also skyrocketed in price over the last few years. crazy.
B McG:
student loans are horrible. and worse, you can only "refinance" your loan once over the lifetime of the loan. when my wife and i consolidated our loans back in 1997 (during the 90's booming economy) our loan was refinanced at a 9% APR. so, we've been stuck with an interest rate higher than all of our credit cards. brutal. and, on top of that, we can't take advantage of the ridiculously low 2% interest rates being offered now. sick. but, with the tidy sum we'll get from selling the house, we can pay it off once and for all. yea!
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